Issues of concern to people who live in the west: property rights, water rights, endangered species, livestock grazing, energy production, wilderness and western agriculture. Plus a few items on western history, western literature and the sport of rodeo... Frank DuBois served as the NM Secretary of Agriculture from 1988 to 2003. DuBois is a former legislative assistant to a U.S. Senator, a Deputy Assistant Secretary of Interior, and is the founder of the DuBois Rodeo Scholarship.

Monday, September 19, 2016

Stock up: Grocery prices have fallen for eight straight months

Grocery prices in the USA have fallen for eight straight months,
underscoring an ongoing food deflation that has supermarkets at war
while shoppers reap the benefits. The Bureau of Labor Statistics’
Consumer Price Index showed food-at-home prices fell by 1.6% in July
from the same month last year, as CNBC reported. The price of a dozen eggs has dropped by about a dollar on average, according to CBS, with a gallon of milk dropping by about 40 cents and a pound of ground beef dropping by roughly 50 cents. The
reason: America keeps producing and stockpiling food even while the
demand for it overseas tapers off. This is especially true in places
like China, the network noted, where the increasing strength of the U.S.
dollar makes American goods more expensive. As a result, the USA could see the longest streak of falling food prices in 50 years...more